Report
René Defossez

United Kingdom : PM defers Parliament vote on Brexit deal

In her statement at the House of Commons, Prime Minister Theresa May confirmed the delaying of the Parliamentary vote on the Brexit Deal . The Conservative leader however reasserted that her Brexit deal is the best that could be reached , and ruled out the possibility of a second referendum . The decision by the PM to defer the vote throws the Brexit process in even more uncertainty, which results in a fall in the GBP USD to a 20 months-low ( 1 GBP for 1 .256 USD ), implied volatility being up .
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
René Defossez

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